United Parcel (UPS) Offering Possible 77.94% Return Over the Next 14 Calendar Days

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United Parcel’s most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $210.00 short put and a strike $205.00 long put offers a potential 77.94% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $2.19 would be kept by the premium seller. The risk of $2.81 would be incurred if the stock dropped below the $205.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for United Parcel is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for United Parcel is bullish.

The RSI indicator is at 74.63 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for United Parcel

UPS holding three-day virtual Greensboro hiring blitz
Wed, 03 Nov 2021 18:44:56 +0000
United Parcel Service, where one-third of its seasonal workforce become permanent employees, is holding a three-day virtual hiring blitz for at least 825 jobs in Greensboro.

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UPS is aiming to hire 60,000 seasonal workers this weekend
Wed, 03 Nov 2021 13:07:27 +0000
UPS will be hiring mostly package handlers, drivers and driver-helpers for full- and part-time seasonal positions.

UPS Aims to Hire 60,000 At ‘UPS Brown Friday’ Events Nationwide
Tue, 02 Nov 2021 14:00:00 +0000
ATLANTA, Nov. 02, 2021 (GLOBE NEWSWIRE) — Three-day hiring blitz takes place November 4-6Virtual and in-person job fairs will be held in company locations nationwide UPS (NYSE: UPS) announced today that it expects to hire at least 60,000 seasonal employees this Thursday through Saturday, in its annual ‘UPS Brown Friday’ events at company locations across the country. Nearly a month before Black Friday and Cyber Monday officially kick off the holiday shopping season, the UPS Brown Friday event i

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